TaxStats for postcode 3216 FY2013

Postcode 3216 includes Belmont, Grovedale, Grovedale East, Highton, Marshall, Wandana Heights, Waurn Ponds in Victoria, and is in the federal electorate of Corangamite.

In FY 2013 the ATO recorded 31,745 individuals in postcode 3216. Of these people, 31,600 made a taxable income or loss. 25,255 of the population paid a gross amount of tax. After tax offsets, 22,970 people actually paid a net amount of tax. There were 8,630 non-taxable people who paid net tax of $0.

Compare TaxStats of 3216 with VIC

3216 TaxStats FY2013%Ppl#Ppl3216
Total Individuals100%31,745
Salary or Wage 79%24,960$50,319$1,255,957,415
Gross Interest57%18,180$1,907$34,660,672
Unfranked Dividends11%3,435$413$1,418,592
Franked Dividends26%8,265$5,216$43,107,990
Dividend Franking Credit26%8,240$2,241$18,469,046
Capital Gains5%1,445$10,351$14,957,076
Termination Payouts2%590$13,334$7,866,771
Tips/Directors Fees etc21%6,525$2,552$16,653,751
Business Income8%2,510$20,276$50,893,113
Foreign Income6%1,870$979$1,831,570
Government payments8%2,555$5,221$13,339,722
Government pensions7%2,165$8,752$18,948,833
Total Income or Loss100%31,645$51,767$1,638,159,024
Charitable Gifts42%13,240$318$4,215,973
Cost of Tax Affairs51%16,035$279$4,476,356
Work Car expenses30%9,580$2,296$21,992,403
Work Travel expenses10%3,070$1,264$3,880,796
Self Education expenses4%1,285$1,768$2,271,555
Total Deductions82%26,000$2,804$72,904,833
Taxable Income100%31,600$49,491$1,563,920,998
Medicare Levy 70%22,125$951$21,036,201
Medicare Surcharge 1%255$1,225$312,357
Gross Tax 80%25,255$12,025$303,683,497
Net Tax 72%22,970$13,492$309,907,270
Average Tax 100%31,745 $9,762$309,907,270
Gross Tax Rate 80%25,255 24%$303,683,497
Net Tax Rate 72%22,970 27%$309,907,270
Average Tax Rate 100%31,745 20%$309,907,270
%PPL is rounded Percentage of total individuals used in the average (AVG).
#PPL is the number of individuals used to calculate the average (AVG).
*Tax Rates calculated from Taxable Income.
*Treat each stat/line item separately. Columns while related do not total due to different numbers of people used in each calculation.

The average taxable income was $49,491. It is estimated that the average taxable income for people who paid a net amount of tax was $63577.

The average net tax paid was $13,492. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 22,125 people for an average of $951. 255 people paid $1,225 on average more for the Medicare surcharge.

24,960 people earned a salary or wage and took home an average of $50,319 each.

Government allowance and payments were collected by 2,555 people for on average $5,221. 2,165 people received the pension or other allowance.

Charitable gifts and donations of an average of $318 were made by 13,240 people.

The costs of tax affairs for 16,035 people were claimed for $279 each.